Found 3 blog entries tagged as Housing Market Trends.

As we kick off the new year, one topic is dominating conversations across Placer County: mortgage rates have recently dipped to their lowest levels in roughly three years.

While rates are still above the historic lows of the early 2020s, this drop is meaningful — and it’s already influencing real estate decisions for buyers, sellers, and homeowners throughout the region.

Here’s what’s driving the change, why it matters locally, and how to think about it going forward.

What’s Going On With Mortgage Rates?

Over the past several days, mortgage rates have eased due to a combination of factors — including a recent federal mortgage-bond purchase announcement, which helped push bond prices higher and mortgage rates lower.

At the same time,…

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One of the most common questions I’m hearing lately is:

“Why did that house sell immediately… but the one down the street has been sitting for weeks?”

The short answer: the market is still moving — but it’s moving selectively, especially this time of year.

Placer County remains a seller’s market overall, but as we move deeper into winter, the pace naturally slows. Buyers are still active, but they’re more deliberate, more analytical, and more price-sensitive than they were a year ago. That shift is what’s creating very different outcomes for homes in the same neighborhood.

Here’s what I’m seeing consistently.

What Homes That Are Selling Have in Common

Homes that are selling quickly right now tend to share several important…

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 Welcome to our monthly Placer County real estate update! In this post, we'll delve into the latest statistics and market trends for May. Whether you're a buyer, seller, or real estate enthusiast, this update will provide valuable insights into the current state of the market.

Key Highlights:

  • 42% Increase in Listings: May saw a significant uptick in the number of homes for sale compared to the previous year.
  • Faster Sales: Homes are selling at a quicker pace, with an average of 28 days on the market.
  • Stable Prices: Despite the increase in listings, the average price per square foot has remained steady at $341.
  • Inventory Levels: Currently standing at 1.7 months, the inventory favors sellers but is showing signs of softening for buyers.
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